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If so, the high nominal prices actually hide fairly deep discounting.
Until now, retailers have followed a model popularised in the US, predicated around deep discounting on a small number of lines.
But here we are, already into the holiday season, a time of family gatherings, peppermint lattes and deliriously deep discounting.
Best Buy Co. watched its stock plunge more than 27% in morning trading Thursday after announcing poor holiday results that suffered from heavy competition and deep discounting.
Mall stores said deep discounting was rampant.
Deep discounting and other financial incentives can easily cut into revenue.
That matters because deep discounting has driven a race to the bottom.
"That's why we believe it is right to tackle the worst instances of deep discounting".
"Franchisees have repeatedly voiced concerns about frequent and deep discounting," the petition reads.
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The deep-discounting program has fallen short of expectations, according to analysts.
Partly because of its reputation, Toyota has rarely had to stoop to rampant deep-discounting.
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